$779,300
- 2 Beds
- 1 Bath
- 1,024 sqft (on 1.25 acres)
5540 Michael Dr, Milton, FL 32583
Est. Refi. Payment $4,909/mo*
Refinance Your HomeCurrently Off Market - Sold Oct 19, 2023 for $630,250
Home Value
Trulia Estimate
$779KSince last month
Increased$23K (+3%)Since last year
Increased$71K (+10%)Since last sale
Increased$149K (+23.6%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +22% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $779K |
| August 2026 | $778K |
| July 2026 | $756K |
| June 2026 | $755K |
| May 2026 | $746K |
| April 2026 | $715K |
| March 2026 | $722K |
| February 2026 | $702K |
| January 2026 | $709K |
2025 | |
2024 | |
2023 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.16 | Single-Family Home | $445,000 | 11/27/25 | 3 | 2 | 1,737 | |
0.04 | Single-Family Home | $1,250,000 | 05/04/26 | 3 | 2.5 | 2,503 | |
0.56 | Single-Family Home | $125,000 | 05/13/26 | 4 | 1 | 1,200 | |
0.82 | Single-Family Home | $865,000 | 06/29/26 | 4 | 3.5 | 3,266 | |
0.92 | Single-Family Home | $645,000 | 11/03/25 | 3 | 3 | 1,908 | |
0.99 | Single-Family Home | $319,000 | 08/27/26 | 3 | 2.5 | 1,598 | |
0.74 | Single-Family Home | $1,430,000 | 02/13/26 | 3 | 3 | 3,288 | |
1.51 | Single-Family Home | $265,000 | 05/05/26 | 3 | 2 | 1,161 | |
1.03 | Single-Family Home | $407,000 | 01/15/26 | 4 | 3 | 2,130 | |
1.07 | Single-Family Home | $155,000 | 06/12/26 | 3 | 2 | 1,699 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.00 | - | - | - | - | Off Market | |
0.04 | $1,250,000 | 3 | 2.5 | 2,503 | Recently Sold | |
0.16 | $445,000 | 3 | 2 | 1,737 | Recently Sold | |
0.21 | $366,000 | 3 | 2 | 1,380 | Off Market | |
0.26 | $35,000 | - | - | - | For Sale | |
0.27 | - | - | - | - | Off Market | |
0.26 | $30,000 | - | - | - | For Sale | |
0.28 | $437,300 | 4 | 3 | 2,914 | Off Market | |
0.36 | $39,000 | - | - | - | For Sale | |
0.37 | $59,999 | - | - | - | For Sale | |
0.45 | $69,000 | - | - | - | For Sale |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 2022
1.25 acre lot
1,024 sqft
$761/sqft
Garage
About this House
Come see this beautiful home on the water with the bay as your back yard! This wide lot sits on over 250 feet of waterfront with amazing sunset views! The ground floor consists of an enclosed oversize two car garage. Upstairs find the stunning 2 bedroom, 1 bath home with vaulted ceilings in the living/kitchen area. Open floor plan, custom tiled bathroom, large hurricane windows for unobstructed views. This modern home has new appliances, quartz countertops, full size laundry room. Everything you need to make this your home or vacation spot. Lot is large enough to continue to build, owners plan was to build a larger main home, but plans have changed. Looking for the next owners to love this gorgeous lot and make it their own. Lots of room for parking, parking pad in place with water hook ups for camper/RV. Don't miss this opportunity for waterfront living, schedule your private showing today!
5540 Michael Dr, Milton, FL 32583 is a 2 bedroom, 1 bathroom, 1,024 sqft single-family home built in 2022. It last sold for $630,250 on Oct 19, 2023 (1% below the $639,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $779,300, with a rent estimate of $1,627/month.
Last check for updates: about 3 hours ago
Listed by Diana Barberi, (850) 516-5128
KELLER WILLIAMS REALTY GULF COAST
Bought with: Christina Walden, (850) 454-5853, KELLER WILLIAMS REALTY GULF COAST
Source: PAR, MLS#628988

Home Details for 5540 Michael Dr
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Interior Details Number of Rooms: 3Types of Rooms: Master Bedroom, Kitchen, Living Room |
Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1 |
Dimensions and Layout Living Area: 1024 Square Feet |
Appliances & Utilities Appliances: Electric Water Heater, Tankless Water Heater, Dishwasher, RefrigeratorDishwasherLaundry: InsideRefrigerator |
Heating & Cooling Heating: CentralHas CoolingAir Conditioning: Central Air,Ceiling Fan(s)Has HeatingHeating Fuel: Central |
Fireplace & Spa Spa: HeatedHas a Spa |
Gas & Electric Electric: Copper Wiring |
Windows, Doors, Floors & Walls Window: Storm Window(s) |
Levels, Entrance, & Accessibility Stories: 2Levels: Two |
View Has a ViewView: Bay, Water |
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Exterior Home Features Roof: ShinglePatio / Porch: Covered, Covered DeckFencing: Back YardExterior: Rain GuttersFoundation: Pillar/Post/Pier |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageParking Spaces: 2Parking: 2 Car Garage,Boat,Front Entrance,Oversized,RV Access/Parking |
Pool Pool: None |
Frontage WaterfrontWaterfront: Bay, Waterfront, NaturalResponsible for Road Maintenance: Road Not Maintained, Private Maintained RoadRoad Surface Type: UnimprovedOn Waterfront |
Water & Sewer Sewer: Septic Tank |
Farm & Range Frontage Length: Water Frontage(250)Not Allowed to Raise Horses |
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Cumulative Days on Market: 47 |
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Year Built Year Built: 2022 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Contemporary |
Building Construction Materials: FrameIs a New ConstructionNot Attached Property |
Property Information Condition: New ConstructionParcel Number: 171s280000008020000 |
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Price List Price: $639,000Price Range: $630,250 - $639,000 |
Status Change & Dates Off Market Date: Wed Aug 16 2023Possession Timing: Close Of Escrow |
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MLS Status: Sold |
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Direction & Address City: MiltonCommunity: Avalon |
School Information Elementary School: BagdadJr High / Middle School: AVALONHigh School: Milton |
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Building Area Building Area: 1024 Square Feet |
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No HOA |
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Lot Area: 1.25 Acres |
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Energy Efficiency Features: Insulation, Insulated Floors, Insulated Walls |
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Mls Number: 628988Water ViewWater View: Bay, Water |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Oct 19, 2023 Source: PAR #628988 | Sold | $630,250 |
Aug 17, 2023 Source: PAR #628988 | Contingent | $639,000 |
Jul 21, 2023 Source: PAR #628988 | PriceChange | $639,000 Price decreased by 2% |
Jun 23, 2023 Source: PAR #628988 | Listed For Sale | $649,000 |
May 24, 2021 Source: N/A | Sold | $130,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $5,699 | $606,261 |
Home facts updated by county records
Market trends in Milton
Last updated July 2026
Avg. sale price
$282K
$9.17KMoM
Sale-to-List Price
98.9%
0.1%MoM
Price per sq ft
$175
$3MoM
Available listings
352
10MoM
Around this home
What Locals Say about Milton
At least 264 Trulia users voted on each feature.
91 % Say parking is easy
91 % Say car is needed
85 % Say yards are well-kept
80 % Say it's dog friendly
77 % Say there's holiday spirit
71 % Say it's quiet
65 % Say kids play outside
61 % Say people would walk alone at night
55 % Say neighbors are friendly
49 % Say they plan to stay for at least 5 years
47 % Say there's wildlife
33 % Say streets are well-lit
25 % Say it's walkable to grocery stores
24 % Say there are sidewalks
23 % Say there are community events
16 % Say it's walkable to restaurants
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

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Frequently asked questions about 5540 Michael Dr
- What is 5540 Michael Dr estimated to be worth?Trulia's estimated value for 5540 Michael Dr in Milton, FL is $779,300.
- What is the price history for 5540 Michael Dr?5540 Michael Dr in Milton, FL last sold for $630,250 in October 2023.
- Is Milton a buyer's or seller's market?Milton is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Milton?The median sale price in Milton is $282K. That is up $9.17K from the prior month.
- Does 5540 Michael Dr have air conditioning?Yes, 5540 Michael Dr in Milton, FL has air conditioning.
- Does 5540 Michael Dr have laundry facilities?Yes, 5540 Michael Dr in Milton, FL has laundry facilities.

